Can I retire at age 50 with 875,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$72,257$71,613$70,985$70,372$69,774$67,867
2 years$35,771$35,104$34,459$33,833$33,226$31,318
3 years$23,610$22,941$22,297$21,677$21,080$19,232
4 years$17,531$16,864$16,227$15,617$15,034$13,260
5 years$13,885$13,222$12,593$11,995$11,429$9,733
6 years$11,455$10,797$10,177$9,593$9,043$7,427
7 years$9,719$9,067$8,457$7,887$7,355$5,819
8 years$8,419$7,772$7,172$6,616$6,101$4,645
9 years$7,407$6,767$6,177$5,635$5,138$3,760
10 years$6,599$5,965$5,385$4,858$4,378$3,076
11 years$5,938$5,310$4,741$4,228$3,765$2,537
12 years$5,387$4,766$4,208$3,708$3,263$2,106
13 years$4,922$4,307$3,759$3,274$2,845$1,758
14 years$4,523$3,915$3,378$2,906$2,494$1,474
15 years$4,178$3,576$3,050$2,592$2,196$1,240
16 years$3,877$3,281$2,765$2,321$1,941$1,046
17 years$3,611$3,022$2,516$2,085$1,721$885
18 years$3,375$2,792$2,297$1,879$1,530$750
19 years$3,164$2,588$2,103$1,698$1,364$636
20 years$2,974$2,405$1,930$1,538$1,218$541
21 years$2,802$2,240$1,775$1,396$1,090$460
22 years$2,647$2,091$1,636$1,269$977$392
23 years$2,505$1,956$1,510$1,156$877$334
24 years$2,375$1,832$1,397$1,054$788$285
25 years$2,256$1,720$1,294$963$709$244
26 years$2,146$1,616$1,200$880$639$208
27 years$2,044$1,521$1,114$806$576$178
28 years$1,950$1,433$1,036$738$520$152
29 years$1,863$1,352$964$677$469$130
30 years$1,781$1,277$898$621$424$111
31 years$1,705$1,207$837$571$383$95
32 years$1,634$1,142$781$524$347$82
33 years$1,567$1,082$729$482$314$70
34 years$1,504$1,025$681$444$284$60
35 years$1,445$972$637$408$257$51
36 years$1,390$923$596$376$233$44
37 years$1,337$877$558$347$211$38
38 years$1,288$833$522$319$192$32
39 years$1,241$792$489$295$174$28
40 years$1,196$754$459$272$158$24
41 years$1,154$717$430$251$143$20
42 years$1,114$683$403$231$130$17
43 years$1,076$651$379$214$118$15
44 years$1,040$620$355$197$107$13
45 years$1,005$592$334$182$97$11
46 years$972$564$313$168$88$9
47 years$941$539$294$155$80$8
48 years$911$514$277$144$73$7
49 years$882$491$260$133$66$6
50 years$854$469$244$123$60$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $875,000, adding $3,427 every year, while hoping to spend $41,429 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 73/21/6 Blend
49$875,000$875,000$875,000$875,000
50$967,785$921,410$907,847$1,037,511
51$1,022,419$922,479$894,180$1,084,980
52$1,081,237$922,212$878,667$1,131,397
53$1,144,622$920,499$861,201$1,181,052
54$1,212,995$917,225$841,673$1,234,251
55$1,286,819$912,267$819,967$1,291,333
56$1,366,600$905,494$795,961$1,352,670
57$1,452,898$896,768$769,531$1,418,672
58$1,546,325$885,941$740,542$1,489,793
59$1,647,557$872,859$708,857$1,566,533
60$1,757,335$857,356$674,331$1,649,444
61$1,876,475$839,258$636,812$1,739,133
62$2,005,873$818,380$596,144$1,836,272
63$2,146,518$794,526$552,160$1,941,602
64$2,299,493$767,488$504,687$2,055,939
65$2,465,994$737,048$453,547$2,180,186
66$2,647,334$702,972$398,550$2,315,336
67$2,844,960$665,016$339,499$2,462,487
68$3,060,463$622,919$276,190$2,622,849
69$3,295,595$576,407$208,407$2,797,758
70$3,552,284$525,189$135,927$2,988,688
71$3,832,653$468,958$58,516$3,197,262
72$4,139,036$407,390$0$3,425,276
73$4,474,008$340,143$0$3,676,249
74$4,840,400$266,853$0$3,954,920
75$5,241,330$187,138$0$4,259,962
76$5,680,232$100,594$0$4,594,048
77$6,160,887$6,794$0$4,960,128
78$6,687,459$0$0$5,361,450
79$7,264,534$0$0$5,823,486
80$7,897,161$0$0$6,331,762
81$8,590,902$0$0$6,889,182
82$9,351,885$0$0$7,500,674
83$10,186,856$0$0$8,171,665
84$11,103,249$0$0$8,908,133
85$12,109,249$0$0$9,716,665
86$13,213,876$0$0$10,604,513
87$14,427,063$0$0$11,579,670
88$15,759,755$0$0$12,650,938
89$17,224,007$0$0$13,828,015
90$18,833,100$0$0$15,121,584
91$20,601,667$0$0$16,543,415
92$22,545,827$0$0$18,106,475
93$24,683,338$0$0$19,825,049
94$27,033,768$0$0$21,714,877
95$29,618,673$0$0$23,793,299
96$32,461,803$0$0$26,079,421
97$35,589,326$0$0$28,594,291
98$39,030,073$0$0$31,361,104
99$42,815,812$0$0$34,405,413
100$46,981,543$0$0$37,755,374